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secretary of defense kitty mcfarlane joining us to talk about what president obama should do about it now. ashley: home prices omri's the the kissel report is a look in the rear view mirror. what does it mean in the keys of rising interest rates? lori: the above administration's economic team, charlie gasparino's exclusive reporting and who could be next to join the lineup. dennis: is not your father's would remark and was your father's it senior chinese communnst official or russian oligarchic. a new brand of luxury emerge in as global wealth disperses to less than 1%. cheryl: sandra smith is at the cme has oil jumps 3%. let's begin with lauren simonetti at the stock exchange where the dow is down big. lori: near session lows, 3 points away, the stock is intensifying as we get later into this session. we get economic data, it wasn't terrible on home prices and consumer confidence but nonetheless syria being the main headline this is what investors are focused on. is not the only culprit to the. we can't forget the debt ceiling, the fed pays back, all these are painting a picture is that
in a meeting with president obama talking about the nsa and your privacy. and harkening back to a time when this dude, kevin costner, was starring in "the untouchables." and who wants these guys, blackberry wants to go private may be. the idea is catching fire. the matter of who wants to put the money down on this troubled cell phone company. and a quick fix for unemployment, energy, people. how we can get americans back to work and solve the energy problems in one swoop. that and so much more on this hour of "markets now." ♪ dagen: so i did not fall and bust my you know what trying to sit down at the top of every show, so it has been a good week. let's start this hour with market stocks on track for another losing day. snapping the three-day winning streak yesterday, but heading south. nicole petallides at the new york stock exchange. nicole: it has been a good week. i will celebrate with you. a successful week. i look at what we see on wall street down half of 1%. 15,422. a loss of about 82 points. we did snap the losing streak since yesterday. however still remains a losing week on wal
. the government runs out of money in mid october and president obama says he will not negotiate. he wants to raise the debt ceiling period. no other issues considered. war talk, debt, markets down. here we go again. "varney & company" is about to begin. ♪ make it happen with the all-new fidelity active trader pro. it's one more innovative reason serious investors are choosing fidelity. get 200 free trades when you start using tive trader pro today. folks have suffered from frequent heartburn. butetting heartburn and then treating day after day is a tng of the past. block the acid with prilosec otc, and don't get heartburn in the first place. [ male announcer ] one pill each morning 24 hours. zero heartburn. >> good morning, everyone. the military is ready to act, poised to act against syria. they're waiting for president obama to give the order. that came within the past hour from defense secretary chuck hagel. we don't yet know the extent or the method of the response, but the market are selling off in preparation for the start of this widely expected action. here are the numbers. the stock ma
. how president obama handles the hopes of the joshua generation. >>> plus as debt and a sense of despair looms large over motown, detroit's next mayor will be former hospital chief mike duggin or the man we'll meet this morning, wayne county sheriff benny napoleon. august 27th, this is "the daily rundown." lets get to my first reads of the morning. secretary of state john kerry laid out an aggressive case for intervention in syria arking evidence of the largest chemical attack in decades is undeniable. the latest escalation with a steady drum beat by the united states and its allies, which is clearly a leadup to military action. >> the killing of women and children and innocent bystanders by chemical weapons is a moral obscenity. president obama has made clear to the outside regime that this international norm cannot be violated without consequences. >> it's an important phrase. you heard it a lot, not just from john kerry but jay carney, international norm, significant, ready for strike significant on three main tracks, one, intelligence community backing up conclusions the c
.com charles: news alert, another hit for the president. the new york times reporting the obama administration delayed another provision of obamacare dealing with consumer protection that would be out of pocket costs people have to spend on health care. and:00 a.m. jim demint will join us pushing for a vote on obamacare and we will get his reaction at the top of the hour. explosive new video of lois lerner may be the smoking gun that plant's the irs skip kendall squarely in washington. she is talking about political pressure to put the irs to stop the flood of money pouring into the 2010 election. listen to this. >> overturning 100-year-old precedent that says appropriations for the whole thing and they don't like it -- charles: democrats maintaining the party line. and op-ed in the washington post democratic congressman steven and eli's the cummingsssaid there's no evidence political motivation or white house involvement. this video looks like a smoking gun. >> thought that the senator is saying this when he sent a letter on homeland security letter head, senatorial letter head to irs commiss
. the obama administration is promising to release new intelligence shortly. speaking to members of the american legion today, vice president biden sounded 100% convinced. >> no one doubts that innocent men, women and children have been the victims of chemical we pops attacks in syria. and there is no doubt who is responsible for this heinous use of chemical weapons in syria. the syrian regime. >> there is ample evidence of an atrocity on the ground. cnn has obtained exclusive video. fred, what's the reaction from the assad regime to continued strong language like that from the obama administration? >> reporter: i think they are hearing it. i was in with the information ministry of the country, who is a powerful figure. he spoke differently than i seen syrian officials speak in the past couple of days. before that you would hear them say if attacked, syria would fight back. the syrian people would rise up. you still hear that rhetoric but a lot less bold, and it comes of course after statements like secretary of state kerry yesterday and the one from vice president biden today. r
,000 acres now in the top ten largest fires in california history. michelle obama's push for healthy school lunches hits a setback after one year, some school districts are dropping the program altogether. too expensive they say and the kids just are not eating the food. and get this, please. a new study says middle age now begins at 53, oh, dear. but the markets they're about to open and that's the focus. yesterday on "varney & company," we had a guest. he said there's a double dip coming for housing. today we've got someone who predicts mortgage rates could eventually go as high as 14%. doesn't it take you back to the '80s? stay there everybody, another big day is coming for your money. the bell is next. the boys used double miles from their capital one venture card to fly home for the big family reunion. you must be garth's father? hello. mother. mother! traveling is easy with the venture card because you can fly any airline anytime. two words. double miles! this guy can act. wanna play dodge rock? oh, you guys! and with double miles you can actuay use, you never miss the fun. beard grow
and the obama white house, and i do concede that it's a complicated situation. neil: now, i know, secretary, we're not into regime change and that whether this is the obama administration's way saying we're not doing what bush, rumsfeld, and cheney did. you know the line. we're going to keep the guy in power. it's not about taking him out of power. it's about defanging him. let's say he takes the chemical weapons away, secretary. he still has guns, has tanks, has the power to kill his people, all be it not with chemicals, so, for what? >> caller: neil, he's estimated to have killed close to a hundred thousands syria people before the use of chemical weapons. neil: exactly right. >> caller: if this is a humanitarian mission, what's interesting, seems to me, is that we -- there has not been any indication from the administration as to what our national interest is with respect to this particular situation. if you think of what's really important in that region, it is two things. it's iran's nuclear program and the relationship between iran and syria, the assad regime, with respect to funding terr
president obama, that was passed through congress and signed into law. president obama signed the bill to fix that disparity with his attorney general eric holder looking on as he signed it. just two weeks ago attorney general eric holder issued dramatically new directions for federal prosecutors telling them essentially to stop charging people for most drug offenses in a way that would trigger those mandatory minimum sentences. a huge reversal. that's a huge reversal after 30 years of the laws and the guidelines always clamping down in the opposite direction. and then today biggest change yet. in november, colorado and washington state both passed ballot measures legalizing pot in small quantities for recreational use. lots of states have legalized the use of marijuana for medical purposes but in the last few years, more than a dozen states have done that. but in colorado and washington, voters said the police should not care why you are using pot. if you are using pot to get intoxicated, to get high, that should not be illegal in small amounts for personal use. pot should instead jus
not know already. is it enough to move? >> i think at this point it is pretty clear that all that obama can count on is the french. at least the head of the country is with them. i think he really needs to convince our own people of the need for this. this request is really more about 2003 in iraq and 2011 in libya. the congress does not want to be cut out of this decision. connell: they had a real big argument over it. >> it is not clear what is going to happen. we have a lot of democrats and republicans saying we do not want to be committed to a military action whose strategy and consequences at this point cannot be foreseen. connell: i do not know if it is a tough spot, but the president backed himself into a corner. it seems as though action is necessary. there is no turning back at this point. >> i think that is absolute crap. the idea that the president, to bolster his personal credibility would stab our military to attack another country. there is no imminent threat to america. there is no reason not to consult congress. obama is doing the same things that he criticized bush for. bus
for a crews missile strike. president obama is down playing intervention without a mandated from the u.n. mystery soft. we now know where samantha power was when there was an emergency u.n. meeting. she was on a personal trip to ireland. power missing that meeting just 19 days after she assumed the post. also new this morning, grammy winning singer linda ryanstat is revealing she has been dealing with parkinson's disease ♪ always breaks my hart in two. >> recent interview with the arp the 67-year-old music legend says she was diagnosed 8 months ago has been experiencing symptoms for as long as 8 years. ron stat says that the neurological disorder has left her unable to sing and she must now travel using a wheelchair. army major nidal hasan found guilty on all counts in the fort hood shooting rampage. he sat stone faced as that verdict was read. sentencing will begin on monday. hasan faces the death penalty for killing 13 people and injuring 30 others when he opened fire nearly 30 years ago. all 14 jurors must vote for execution or he will get life in prison. if you write a letter to
that the protesters were waving banners that said president obama supports the radical islamic government that is oppressing us. what a sad state of affairing when the united states is arm and arm which the islamist governments. >> we have many more displaced and it seems we have gotten to the point where our allies don't trust us and our enemies don't fear us. >> if there is one principle that has proved true, it is that bullies and tyrants don't respect weakness. enemies have learned there is little to fear and the dangerous escalation to this has been assad's patron in iran which continues to develop nuclear weapons which i think would pose a huge national security threat to the united states. you and senator rand paul have been involved in the effort to defund obama care and you said the only way it will happen is if a grass roots tsunami takes place in washington. what are you looking for? let me tell you. we are getting real momentum. there is a national website, don'tfundit.com. it has 578,000 signatures on it. we have seen 10 or 20,000 signatures. i keel confident with the hanity
. she spoke at the federal reserve annual compass -- fly-fishing extravaganza. presidt obama's that law schools in the u.s. should be cut down to two years instead of three. from a classroom in two years. i am wonderingho asked him. it is all part of this 2-day bus tour promoting ways to cut costs for students. those are some of the house stories right now on foxbusiness.com. and coming up, mortgage rates jumping. home sales plummeting. is this housing market recovery really for real? an next, officials say it was only a 30 minute problem at the nasdaq. why was that stock trading shut down running for three hours just today? we will take a look at the mixed messages on the flash freeze. ♪ any last requests mr. baldwin? do you mind grabbing my phone and opening the capital one purchase eraser? i need to redeem some venture miles before my demise. okay. it's easy to erase any recent travel expense i want. just pick that flight right there. mmm hmmm. give it a few taps, and...it's taken care of. this is pretty easy, and i see it works on hotels too. you bet. now if you like that, press t
will do but because he embraced obama had his state was in turmoil, he is apparently not a good guy. neil: they claim you were there guy, you got to washington, you know, youre all about getting things done, i can understand the frustration, saying that you are not parroting every one of our causes, you are almost dammed if you do, dammed if you don't. >> that is okay, i'm an american first, so is chris christie and rand fall and others, we're different people, and -- >> i think it will is bigger than that. have you a better read you are closer to the fire. but it seems when the nastiness is out in particular with chris christie and paul, that is not dying down. >> to have someone like me talking about unifying the country, putting our country first not our political personal interests, we'll see if that resonates with people, there is a void with extremes on the left and the right. neil: where do you feel it? would a president brown, be against providing more aid to egypt. >> i would look at all of the aid we're providing every country, do that top to bottom review, in my estimation ther
from it let's also not forget 7 years ago, this is the guy who said, that barack obama was notable because he was the rare african-american politicians who did not speak in harry reid's words, yet on yet on quote, unquote, negroro i did l. negro di dialect. neil: i forgot about that. >> 50% of the country does not approve to the job that barack obama is doing, if you go to those americans that represent every strand of the spectrum from conservative democrats who look at obam obamacare and realg it is not doing anything it promised to do, doing many things it promised it would not do, to younger americans who are trying to find a job. to all kinds of americans who don't see this administration keeping its promises in issue after issue. if you ask that 50% of americans, do you think you are racist for not approvining of te job that the president is doing? they don't buy this harry reid says these things to put republicans on the defensive, and says these things to make republicans have to get defensive about these is not trying to persuade a single human being. neil: should he be wo
? >>> and the obama administration says it will not interfere with the state laws that legalize marijuana. is this a step toward legalizing weed nationwide? >>> plus, a major development in a story we have been following. a montana teacher sentenced to only 30 days in prison for raping his teenage student. will there be an appeal? >>> let's go "outfront." >>> i'm jessica yellin in for erin burnett. "outfront" tonight breaking news a senior u.s. official tells cnn's jim acosta that the u.s. could go it alone in syria after our closest ally votes against taking action. british lawmakers just voted down a proposal to strike syria. britain's prime minister says he will not go against parliament. here at home right now, top lawmakers are being briefed by the white house. the president's top national security officials are making their case against the syrian regime. will the administration be able to win enough support? our chief congressional correspondent dana bash is in washington. hi, dana. i know you have been working your sources all day. it looks from here like the mood in washington re
obama making the case for a possible military strike. he says there's clear proof the regime was behind the use of deadly chemical weapons. . the president has not made a final decision on military options but appears to be moving closer to using force. >> in no event are we considering any military action that would involve boots on the ground, that would involve a long-term campaign. but we are looking at the possibility of a limited, narrow act that would help make sure that not only syria, but others around the world understand that the international community cares about maintaining this chemical weapons ban. >> we'll have the very latest developments this hour, including graphic video of a purported new chemical attack. is the president doing the right thing if he goes it alone? what will it mean for america if he does? i'll talk to hans blix, the former chief united nations weapons inspector. >>> plus, the nfl's land mark concussion settlement. what it means for the sport and the safety of the players. i'll talk exclusively to jim mcmahon who is suffering from dementia. he has a
constituencies are even worse when president obama won this sweeping electoral college victory in 2012. other republicans look at this map and say look at all this red in america, we kept our majority in the house, we have 30 governorships. some republicans argue it's not because the nominee was too conservative, they argue the nominee made the mistake of moving to the center. that's the debate in the party now. we do know in 2012 we know from the election the reason the president was able to win and win so convincingly, look at this. republicans lost the latino vote by 44 votes in 2012, lost the women vote by 11 points, lost the younger votes by 23 points. now there's new evidence among another key constituency the republicans are suffering. this is from polling from stan greenberg, a democrat but republicans don't dispute the elections. that group now over 65, their favorable opinion of the republicans party is only 28%, down 15 points from just a couple years ago. ask the elderly how are you going to vote in 2014, 46% say they'll vote republican. the republicans in 2010 had a 21-point adva
shelling in the area. on saturday, president obama reviewed a range of options and possible targets with his national security team. the u.s. has already four destroyers nearby in the mediterranean sea, two within missile range. members of congress are comparing the situation to kosovo calling for surgical strikes using cruise missiles. >> i think we have to respond and i think we have to respond in conjunction with our nato allies, respond much as was done in libya with the nato allies and i think we cannot afford to sit back and wait. >> president assad says this morning, quote, failure awaits the united states if it attacks. comparing a conflict with syria to vietnam. >> well, i don't know. we could just kill you. actually. it wouldn't really be hard to find you and kill you. >> there is that. >> i mean, i don't think it's going to take us -- >> here's reuters. >> showing tepid support at home. only 25% of americans would want the u.s. to intercede, down five points from two weeks ago. andrew roberts writes in the "wall street journal," it takes a barbarian to employ poison gas.
another gas attack. >> and you find low public support, you find low congressional support. and obama is going to need to contend with. there hasn't been a clear articulation of what we're going to achieve and how we're going to do it. i think once someone stands up and does that, then you can test the support that you'll get. >> michael, thanks for that reasoned analysis. we appreciate it. getting up early, though he's on the east coast. >> thank you. >> that was most recent analysis i've heard in a long time about having an objective as opposed to just sending a signal. >> largely symbolic. >> it feels like we have been forced into it. we'll have mccain on. he's railing against general dempsey, who says, you know, said let's show much reticence to do anything that it emboldens -- in his view, emboldened these guys. all right, coming up, how twitter is learning from some of facebook's ipo mistakes. first, as we head to break, let's check on the national forecast with the weather channel's alex wallace. >> good morning to you. good morning, we're tracking some showers moving from the
morning. >> reporter: the obama administration not only strongly condemning the violence but calling for restraint and calling for the interim government to respect the rights of the people there. josh earnest saying that the u.s. will continue to hold the egyptian government accountable for the promise they made to speed up the transition to a democratical democratically elected government. but what's missing in all of this is what then? we do know there have been a lot of conversations between u.s. egyptian officials. but still more than a billion dollars in aid continues to flow from the united states to egypt. the white house saying that that aid is under review. one other point is that the white house still will not call what happened in egypt a cue. officials saying it's been determined that it's not in the best interest of united states to do so. a lot of tough talk from the obama administration, but no concrete steps on what will happen next. in the meantime, the president continues on his vacation here on martha's vineyard. no word on whether we'll hear from him in the comin
to defund obama care. so ted cruz, he's a player. >> just ask him. >> no. listen, he's going to iowa and people are going -- >> people like him. people are excited about him. >> why? >> i think he taps into -- >> because he's a cade nade yan. >> the sinking sarah palin base, people that were excited about sarah palin, have now transferred to ted cruz. >> and michele bachmann. >> so that is a vibrant part of the republican party, love them or hate them, they look every two to four years for someone that will champion their animosity towards the large federal bureaucracy. >> it's resentment. >> animosity. >> resentment. but it's the sarah palin supporters, the herman cain supporters in a sense the donald trump supporters. you line them all up and that's -- and we have people going out there -- who knows. maybe cruz is going towards 2016 more powerful because instead of tripping over, you know, sarah palin and herman cain and michele bachmann and all these other people, maybe he has that space all to himself. >> but what -- >> and then there's rand paul the libertarian. >> which is so m
obama will present the highest military honor to staff sergeant ty carter. the army says carter killed enemy fighters, risked his own life to save a wounded surgery. carter will be the fifth living recipient of the award for service in iraq or afghanistan. >>> check out a cat getting in trouble. he manages to use his paws. this, i didn't see you there. i'm sorry. let me put that back where it was. cats have so much personality. they often don't get credit for their smartness. >> you should get credit for your cat voice. >> maybe i should look into doing voice overs. >> you don't have enough to do in your day? >> i have free time. >>> when we come back the donald now the defendant in a $40 million lawsuit over his real estate school. is it a scam? we have the details ahead. >>> forget the winners at the mtv music awards. the buzz is all about miley, gaga. everything you need to know about the big show. peace of mind is important when you're running a successful business. so we provide it services you can rely on. with centurylink as your trusted it partner, you'll experience reliable up
, at the center of the housing bust but wiped out $7 trillion in homeowner equity. mr. obama have another plan to stabilize and boost the housing market. lori: newspapers, a new status symbol for billion is looking to flaunt their wealth. amazon's jeff bezos be with the washington post. dennis: the fight with george soros and carl icahn ran the. charlie gasparino as the long and short. time for stocks as we do every 15 minutes left head to the floor of the stock exchange, adam shapiro, stocks down. adam: not as bad as they were earlier. we are off of session lows and may go above 1700. one of the reasons the dow is down 82 points is ibm pulling but dow down and ibm is down 2.2% accounting for 34 points of of the dow but not only the biggest loser on the dow, they got a downgrade which says their stock price could go as low as $175 a year -- a share, a big fall down is ibm and one issue is people don't want their mainframes as much as they used to. lori: the windy city has one of the most poorly funded pension systems in the country, 50% underfunded. no solutions so far. could be the next major
kelliy. the obama administration is weighing the options on the possibility of a military strike to punish syria's reportedous of chemical weapons. congressional leaders are expected to be briefed on the situation later today. recently as two daysing on, it appeared that the u.s. and allies were ready to act at and moment. but today world powers are walking back suggesting that a military strike is imminent. british prime minister cameron said it is unthinkable to support a strike if there is strong opposition in the un. they argue that the political solution can only happen if there is a stop in the escalation of violence. israel is bracing for a worst- case scenario. they are deployed to maintain order as this happeneds of people get gas masks and protective kits. israel called up reservist and deployed missile defense bat row with syria and iran striking for any western military action. reporting live from the mideast bureau. hello, leland. >> there is growing fores that the longer the war of words goes on the worse the war will be. especially as iran and syria are making thre
obama talking about what is probably your biggest investment today, your house. what he's saying and the changes that could be in the works for the housing market. he talked a little bit about it yesterday in a big speech in phoenix. today answering questions about housing, and a brand new list. we love lists, goldman sachs sending out a note of what it calls the 40 cheapest stocks in the market. can they make you money? well, we're going to give you the list throughout our show today. first though, down to sue, nyse. hi, sue. >> hi, ty. right now the markets are falling a little bit, not all that much, but it's the third straight day to the downside. right now the dow jones industrial average is down 47 points. the s&p 500 is off about 6.25, and the nasdaq off 16 and the russell 2000 off 7.5. in terms of interest rates, we actually moved down a little bit on the interest rate earlier this morning, and we're at 2.61%. comex gold is snapping its losing streak, up about two bucks on the trading session and brent crude is down half a percent. kenny polcari a cbs analyst joins me as
." welcome to the viewers in the united states and around the world. this is what president obama said a year ago. >> a red line for us is we start seeing a whole bunch of chemical weapons moving around or being utilized. that would change my equation. >> administration says there is no doubt the assad government used chemical weapons on it's people. that's the red line crossed. what will president obama do and will the rest of the world support him? >>> unanswered questions about the kidnapping of hanna anderson and the murder of her brother and mother. laura dimaggio is speaking out for the first time. >>> plus yosemite in flames, the raging fire threatening san francisco's water supply. >>> you loved him and now cnn's inside man morgan spur lack is back going with the biggest band since the beetles, and i'll ask him about miley cyrus and her twerking. >>> cnn's fled is the only western reporter in damascus and he joins me on the phone. fred, what is the latest on the ground in damascus? is there a sense that a military attack from the united states and other u.n. countries could be coming
as the drumbeat to war with syria gets louder. wall street suffered its worst day since june as the obama administration clearly laid the groundwork for a possible military strike on syria. >> there's no doubt who is responsible for this heinous use of chemical weapons in syria. the syrian regime. the president believes and i believe that those who use chemical weapons against defenseless men, women and children should and must be held accountable. >> market analyst todd schoenberger is "outfront" with us tonight. thank you for being here. how much of this market drop had to do with what you heard from the vice president and the president and the administration about oil in the region? >> quite a bit because it's a grave concern for everybody at wall street. it was top of mind when we heard about it from biden but now when we're hearing about the war drums that are beating today and we can only anticipate that president obama will be making a decision, probably by tomorrow and even by thursday, clearly there's a lot of uncertainty tonight on wall street. >> looking ahead how high do you t
like what we see under obama care, another layer to the issue here. >> those who already pay more than the wage now, the fear is what? >> the workers who are striking for more money, their jobs, their hours, they get cut. >> okay. neil: i have a property tester on the phone. terrance, i don't know if you heard arguments that might mak you pause in the rush to see the minimum wage doubled, what do you think? >> i think the franchise say the cost of all funnel to the customers, it should be the parent customers working with the franchises to work on their prices and how is not to funnel cost to customers to give us a livable wage. neil: even if you do that, terrance, do you think there's enough switching on the top, you know, shifting things over, you know, as they pass along some of the savings to the franchises that that's going to be enough to pay for doubling minimum wage. >> caller: it's enough to pay workers better. neil: maybe better, i'll take a leap and say "maybe better," i don't know if i's better for companies longer term, but better is very different than 15 an hour, don't y
there is breaking news in the show down with syria. president obama making a case for a military strike possibly. he says there is clear proof the regime was behind the use of deadly chemical weapons. the president also says he has not yet made a final decision on his military options, but he certainly appears to be moving closer and closer to using force. >> in no event are we considering any kind of military action that would involve boots on the ground, that would involve a long-term campaign, but we are looking at the possibility of a limited, narrow act that would help make sure that not only syria but others around the world understand that the international community cares about maintaining this chemical weapons ban. >> we'll have the very latest developments this hour including graphic video of a new chemical attack. and is the president doing the right thing if he goes at it alone? will it mean for america if he does? i'll talk to the former chief of the united nations weapons inspector. >>> plus, the nfl's landmark concussion settlement. what it means for the sport and safety of players. i
obama will make remarks from the steps of the lincoln memorial, the site were dr. king delivered his "i have a dream" speech 50 years ago to the day. at 3:00 p.m. eastern, bells around the nation will ring. we will have live continuous coverage all day right here on c-span and you can also watch online at c-span.org and listen in on c-span radio. the program is set to get underway at 11:00 a.m., about five minutes from now. until then, we will continue to watch some of the sights and sounds run this morning on the national mall. >> we are just moments away from the start of the program commemorating the 50th anniversary of the march on washington. among those this afternoon to hear from, benjamin jealous, president and ceo of the naacp, actor jamie foxx, reverend al sharpton, also oprah winfrey will speak a little bit later this afternoon. thomas and john lewis and presidents jimmy carter and bill clinton will give remarks later this afternoon. president obama will also speak at 2:45 eastern and we will have live coverage of all of this when they get underway in just a moment. former pr
are welcome to this stage. president obama has awarded bayard rustin the presidential medal of freedom. [applause] but, we have not yet seen dr. king's great opportunity thrown open to everyone. we have so far to go before a truly great education is offered to every child. we are partners in this fight. we fight for millions of lgbt students and all those seen as different. they deserve a welcoming audience for their dreams and they deserve to be embraced for who they are. yet everyday our youth endure the silence imposed by violence and fear. some have been silenced forever. we raise our voices in their memory. carl joseph walker hoover, lawrence king. rustin was a quaker. he looked for the voice of the divine that can speed through everyone of us. across this nation, voices are ready to rise for opportunity and justice and freedom for every young person, no matter who they are, what they look like or who they love. listen for those voices. lift them up so they can be heard. when we do that, we shall all rise. thank you for the great honor of standing with you today. [applause] >> lad
, this is obama presidency, second term legacy building. this is a chance for the attorney general, eric holder, who is probably leaving office in the next few months and for the president to do something i think they want to be remembered for. this is something the president and the attorney general apparently have been talking about for several years. so you see i think an effort here on the part of the attorney general eric holder to leave office perhaps with something other than fast and furious to be remembered by. >> it's a huge deal. i was a little surprised that eric holder made the announcement instead of the president of the united states. you've covered the justice department and you're new to cnn, you use to work at the wall street journal. were you a little surprised the president let eric holder do this as opposed to the president making the announcement? >> i think it's one of those things that the president of the white house wanted to make sure the attorney general gets some kind of press conference, something he can be remembered for other than. so scandals. >> excellent point
speeches in front of friendly audiences. mr. obama claims middle class progress. but the facts contradict the claims, on income, jobs, on health care costs. the middle class is losing ground and the pace of decline is speeding up. we have a full report. and on obamacare, the list of local governments switching to part-time workers is growing. and there are 38 days till those chaotic insurance exchanges. what on earth is going on at the nasdaq stock exchange. was the three-hour freeze just another computer glitch? steve ballmer out at microsoft and the stock takes off. ooh. "varney & company" is about to begin. you know throughout history, folks have suffered from frequent heartburn. butetting heartburn and then treating day after day is a thing of the past. block the acid with prilosec otc, and don't get heartburn in the first place. [ male announcer ] one pill each morning 24 hours. zero heartburn. >> friday morning and breaking news for you, just crossing the wire. microsoft's chief steve ballmer will retire in the next few months until a successor is named. the stock is straight up. a
days that country has seen in years. president obama calling for calm. trending downward, not just the market, but the president's approval rating on the economy flipping to 35% last month. seven percentage points lower than june. detroit emergency manager apologizing after calling some of the city residents those names. and the nfl hit with another concussion lawsuit. 83 former players led by pro-bowlers. they say they are suffering long-term effects from brain injuries sustained during their playing days. and we're watching the market this hour of "markets now." ♪ connell: those headlines show you there is a lot going on-9 today. we will get to the mess in egypt in just a moment, but first, our market today with the selloff, seeing the biggest decline in a couple of months. nicole petallides starts us off on the floor of the new york stock exchange. nicole: you are absolutely right. the lowest point, the biggest move to the downside since june 20. down about 1.5% right now. back on june 20 the dow dropped over 2%, this is the biggest moving percentage terms since that time. yo
contributor. what do you make of this? >> president obama was running a company, a business that provided goods and services he would be sued for false advertising because he has misled the american people. connell: people will be covered elsewhere. >> the other point is you can keep your current insurance. that is the thing. we are talking 15,000 spouses, family members who have to seek health insurance elsewhere so obama sold the affordable care act on the fact that it will be cheaper and you can keep your insurance when in fact americans have been misled. connell: people were expecting to keep their own insurance and in this case spouses who have jobs themselves need to go to another potentially another insurance company and go through there a player. would you think of it? >> the reporting on this is ups repeatedly cited obamacare as the reason for this but it is not clear why obamacare would have caused this especially because they said it is only for spouses who condemn their coverage elsewhere which means if they have a job where they have coverage under their employer that they ca
and obama care. cory booker took a major step toward becoming new jersey's next u.s. senator with a commanding victory in the state's democratic primary. with 98% reporting, booker won a clear majority with nearly 60% of new jersey democrats supporting the mayor from nuke. >> they say that i, they say that we are being naive. to them i say have you ever met us? do you know where i've been working for the last 17 years? do you know that -- do you know that this is newark, new jersey and we don't do naive? >> he'd do better if he was just holding a baby, doesn't you think? he faces republican steve lonigan who is gearing up for the october special election. >> americorpsy booker has an advantage. he's been anointed by hollywood. the hollywood elite have descended from their penthouse apartments in the belaire hotel, from the heights of the hollywood hills to come to new jersey to tell us who our next u.s. senator will be. >> moving on to awkward now. san diego mayor bob filner. >> our guy. >> yeah. >> how is he still mayor? >> incredible. >> i was going to put this in news you
. lee, do you think america is more or less racist country since barack obama became president? >> wow, that's a powerful question. i think that people are angry that he's president, and i think that they are showing their true colors, and i think that -- i think that you know when danny strung wrote those words, any black man could be killed by any white man and get away with it, trayvon martin had not happened. i end the movie with hope. you know, he's walking down and obama is giving that famous speech, you know, and i come out of my edit room and trayvon martin has happened. so yeah, i think, i think so. sadly, i think so. >> very provocative but if you're watching at home and want to give me a view, tweet me at piers morgan. i got a tweet in from the last segment from robert zimmerman tweeted me saying very tragic about the shooting incidents but remember bans would have done nothing to stop either but of course had you banned assault weaponsapplyed to potentially both the cases. i understand he has a view, but i don't agree with it. the question whether barack obama's a sent to t
economy. >> remember this morning from president obama to syria. it was about a year ago. >> we have been very clear to the assad regime but also to other players on the ground that a red line for us is we start seeing a whole bunch of chemical weapons moving around or being utilized. >>brian: after wednesday's alleged chemical attack it looks like the red line has been crossed again. for the u.s., it now seems to be preparing for a cruise missile launch perhaps. so what would an attack look like? joining us is fox news military analyst lieutenant general thomas mcinerny. general mcinerny, what do you think we should do? what's our best approach right now? >> well, i think we need to back the right team, and the supreme military council under general idr i s is the wrong team. they are muslim brotherhood booked by the kataras. the team we want to back is under colonel riad. let's talk about an air campaign. fundamentally similar to if we back the right people. if we don't back the right people, don't do it. here's what i would do. lay a host of upward of 200 tom hawks and conventional air
dewitt obama at that time was a good thing, i would have liked it better if he did not hug him as much. but, the fact that is is bipartisan, youment to help ment want to help the people of country and new jersey. problem are about me and i hav not seen a whole lot of help from was done. you know, i contribute to a not for profit quote, robin hood, robin hood had a fantastic concert f hurricane sandy, the number raised $65 million, that money was distributed to people who need the money within days. >> >> no waiting around? >> it -- they had a infrastructure in place they gave away the money, new jersey got a ton of money from fema, an from other sources it still has not all been distributed. neil: you mentioned the ability of the governor to reach across the aisle to get things done, we see very little of, that you are a business guy, you have to strike deals to get things done, when they talk about hutting the government down and not -- shutting the government down, and is not showing up, both sides do this, as a b a businesy , what do you think. >> this is crazy, foolish, i heard tod
. dennis: it seems to me that the obama administration that the drug industry to agree to spend $100 million advertising obamacare. pressing regulated companies to contribute to a fund to implent obamacare. and appach celebrities and nfl plan -- football plars to do something to promote the program . is this a sign of great marketing or that the administration is worried they have a program that no one likes >> i think they're pretty terrified that they are -- their signature domestic achievement is crumbling before they're eyes, at least in terms of the public perception. they already repealed the reporting requirements, the class act is gone. it looks like the medical device taxes next. the delayed the employer mandate in a think they're worried that this could be a train wreck. dennis: the obama administration missed 41 of 82 deadline so far mandated by the new health care law. coming up on october 1st is when people start to sign up. what do you figure happens in? >> everyone agrees. it is selling not going to be a perfect spread. reelected the implementation of the lawn of the l
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